Published: 2025-11-28T00:20:19.000Z
Chart AUD/USD Update: Poised for further gains
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Break above resistance at the .6500/20 area seeing gains to approach the .6550 resistance and trendline from the September high
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 0.6660 | * | 18 Sep high | S1 | 0.6500 | * | congestion | |
| R3 | 0.6625/30 | ** | Jul, Oct highs | S2 | 0.6440 | ** | Oct low | |
| R2 | 0.6600 | * | congestion | S3 | 0.6415/00 | ** | Aug low, 38.2% | |
| R1 | 0.6550 | * | congestion | S4 | 0.6372 | Jun low |
Asterisk denotes strength of level
00:10 GMT - Break above resistance at the .6500/20 area seeing gains to approach the .6550 resistance and trendline from the September high. Both daily and weekly studies continues to track higher from oversold areas and suggest scope for break here to extend bounce from the low of last week. Higher will see room for extension to strong resistance zone at the .6600 level and .6625/30, July/October highs. Meanwhile, support at the .6500 level should underpin and sustain bounce from the .6440/.6415, October/August lows.